XBTUSD: Ranging, What's next? Up or DownAfter another rejection at $9900 bitcoin price fell down to $9300 and trading in some sort of range $9300 - $9500 with $100 spikes in both directions.
At the moment, I have a short setup from ~$9600 (short up spike) and long setup at $9250. I prefer long, that's why stop is too tight on short, but it makes sense as well.
Close below $9300 will be a bad sign for bulls. And I think if we nuke down or up, $9k or $10k will be broken soon.
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Information is just for educational purposes, never financial advice. Always do your own research.
